Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    16729 Palisades Blvd Fountain Hills, AZ 85268

    Sponsored
    For Sale
    $898,700

    Prime Fountain Hills Restaurant, High NOI

    Property size:
    4,180 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a thriving 4,180 square foot restaurant located at 16729 E Palisades Blvd, Fountain Hills, Arizona, 85268. The property, built in 2012, boasts a strong 5.16% cap rate and a substantial net operating income (NOI) of $46,378.76, reflecting a 100% occupancy rate. The single-story building sits on a 6,000 square foot lot and is zoned C-C, allowing for continued restaurant operations or potential redevelopment within the permitted zoning. The property features attractive architectural details including high ceilings and large windows, creating a bright and inviting atmosphere. An open floor plan provides flexibility for various restaurant configurations. Ample parking is available, with 8.37 spaces per 1,000 square feet, ensuring convenient access for patrons. This owner/user investment opportunity is situated in a prime location within the heart of Fountain Hills, offering excellent visibility and accessibility. The property's strong financial performance, desirable location, and versatile layout make it an ideal acquisition for both seasoned investors and owner-operators seeking a profitable and established business. The property's APN is 176-05-179. This is a modified lease, multi-tenancy property classified as Class C retail.

    Property Features for 16729 Palisades Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    4,180 SF
    Class
    C

    Building Details

    Year Built
    2012
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fountain Hills
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7193123
    Latitude
    33.6080862

    Nearby Comparable

    • $995,000
      4,180 SF

      Retail Space with Open Floorplan

      Retail property featuring high ceilings, large windows, and ample parking.
      16729 E Palisades Blvd, Fountain Hills, AZ 85268
      View Details
    • Contact for pricing

      Land Investment Opportunity in Arizona

      Land investment opportunity backed by hospitals and care locations in Arizona.
      16726 La Montana Dr, Fountain Hills, AZ 85268
      View Details
    • $179,900
      876 SF

      Storefront Unit with Parking Access

      Storefront unit featuring open space and ADA compliant restroom.
      13225 N Verde River Dr, Fountain Hills, AZ 85268
      View Details
    • $539,000
      1,469 SF

      Updated Fountain Hills Turnkey Home

      Updated Fountain Hills home with remodeled kitchen and private backyard.
      16465 E Ashbrook Dr, Fountain Hills, AZ 85268
      View Details
    • $389,900
      0.48 Acres

      Fountain Hills Land For Sale

      Land with approved plans for five units in Fountain Hills.
      16328 E Arrow Dr, Fountain Hills, AZ 85268
      View Details
    • $439,900
      1,212 SF

      Charming Home on Private Lot

      Comfortable home with mature trees, updated features, and private backyard.
      16429 E Ashbrook Dr, Fountain Hills, AZ 85268
      View Details
    • $675,000
      Pending

      Fountain Hills Duplex Investment Opportunity

      Duplex in Fountain Hills, both units rented, great investment property.
      12029 N Fountain Hills Blvd, Fountain Hills, AZ 85268
      View Details
    • $1,799,000
      14,830 SF

      Fountain Hills Office Building For Sale

      Attractive office building with potential for owner/user or investment.
      16929 E Enterprise Dr, Fountain Hills, AZ 85268
      View Details
    • Contact for pricing
      11,213 SF

      Dominion Plaza: Fountain Hills Retail Center

      Prime Fountain Hills Shopping Center, Last Unit Available
      11803 Saguaro Blvd, Fountain Hills, AZ 85268
      View Details
    • $175,000

      Land For Sale

      Land available for sale in Fountain Hills, Arizona.
      16744 E Glenbrook Blvd, Fountain Hills, AZ 85268
      View Details
    • $1,750,000
      1.40 Acres

      Fountain Hills Commercial Land Parcel

      Prime commercial land for sale in Fountain Hills, Arizona.
      11639 N Saguaro Blvd, Fountain Hills, AZ 85268
      View Details

    Nearby Similar for Sale

    • $675,000
      Pending

      Fountain Hills Duplex Investment Opportunity

      Duplex in Fountain Hills, both units rented, great investment property.
      12029 N Fountain Hills Blvd, Fountain Hills, AZ 85268
      View Details
    • $439,900
      1,212 SF

      Charming Home on Private Lot

      Comfortable home with mature trees, updated features, and private backyard.
      16429 E Ashbrook Dr, Fountain Hills, AZ 85268
      View Details
    • $1,799,000
      14,830 SF

      Fountain Hills Office Building For Sale

      Attractive office building with potential for owner/user or investment.
      16929 E Enterprise Dr, Fountain Hills, AZ 85268
      View Details
    • $265,000

      Fountain Hills Condo with Views

      Condo in Fountain Hills with mountain and pool views.
      10401 N Saguaro Blvd, Fountain Hills, AZ 85268
      View Details
    • $539,000
      1,469 SF

      Updated Fountain Hills Turnkey Home

      Updated Fountain Hills home with remodeled kitchen and private backyard.
      16465 E Ashbrook Dr, Fountain Hills, AZ 85268
      View Details
    • $1,350,000
      4,028 SF

      Medical-Ready Building on Saguaro Blvd

      Versatile medical building with plumbing and open floor plan.
      11407 N Saguaro Blvd, Fountain Hills, AZ 85268
      View Details
    • $179,900
      876 SF

      Storefront Unit with Parking Access

      Storefront unit featuring open space and ADA compliant restroom.
      13225 N Verde River Dr, Fountain Hills, AZ 85268
      View Details
    • $995,000
      4,180 SF

      Retail Space with Open Floorplan

      Retail property featuring high ceilings, large windows, and ample parking.
      16729 E Palisades Blvd, Fountain Hills, AZ 85268
      View Details
    • $389,900
      0.48 Acres

      Fountain Hills Land For Sale

      Land with approved plans for five units in Fountain Hills.
      16328 E Arrow Dr, Fountain Hills, AZ 85268
      View Details
    • Contact for pricing
      11,213 SF

      Dominion Plaza: Fountain Hills Retail Center

      Prime Fountain Hills Shopping Center, Last Unit Available
      11803 Saguaro Blvd, Fountain Hills, AZ 85268
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Fountain Hills Restaurant, High NOI
    Where is this restaurant located?
    The property is located at 16729 Palisades Blvd Fountain Hills, AZ.
    What is the asking price?
    The asking price for this property is $898,700.
    Request Owner's contact information
    16729 Palisades Blvd Fountain Hills, AZ 85268
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16729 Palisades Blvd
    Fountain Hills, AZ 85268
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16729 Palisades Blvd Fountain Hills, AZ 85268
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.